Business Standard

wheat MSP

Wheat, pulses prices moderate after govt imposes stockholding limit

Pulses see sharper price moderation due to muted summer demand

Wheat, pulses prices moderate after govt imposes stockholding limit
Updated On : 03 Jul 2024 | 11:50 PM IST

Will Centre succumb to pressure of rising prices and allow wheat import?

A drop in state procurement has fuelled the buzz about impending imports. Will that really be necessary?

Will Centre succumb to pressure of rising prices and allow wheat import?
Updated On : 05 Jun 2024 | 10:49 PM IST

Global agricultural trade focuses on India policies post new govt formation

Prices of some farm commodities have softened from their peaks, with state agencies also cracking down on hoarding and selling some grains from state reserves

Global agricultural trade focuses on India policies post new govt formation
Updated On : 01 Jun 2024 | 7:32 AM IST

Wheat procurement exceeds last year's total of 26.2 million tonnes

Wheat procurement for the 2024-25 marketing year has surpassed last year's total of 262.02 lakh tonnes, boosted by strong contributions from the northern states of Punjab and Haryana, the government said on Friday. In a statement, the government said 262.48 lakh tonnes of rabi (winter)-sown grain has already been purchased for the central pool, benefiting 22.31 lakh farmers, with a minimum support price outflow of Rs 59,715 crore. The major procuring states were Punjab with 124.26 lakh tonnes, Haryana with 71.49 lakh tonnes, Madhya Pradesh with 47.78 lakh tonnes, Rajasthan with 9.66 lakh tonnes and Uttar Pradesh with 9.07 lakh tonnes. Wheat procurement normally runs from April to March, but the Centre this year allowed states to make purchases based on crop arrivals. In most states, the procurement began in early March. The government has set a wheat procurement target of 300-320 million tonnes for the 2024-25 marketing year. Rice procurement is also progressing smoothly, with 728

Wheat procurement exceeds last year's total of 26.2 million tonnes
Updated On : 24 May 2024 | 3:00 PM IST

Wheat purchases by govt at 25.4 mn tonnes, 1.5% lower than last year

However, trade and industry officials say the world's second-biggest wheat producer won't be able to achieve its procurement target of 30-32 million tons

Wheat purchases by govt at 25.4 mn tonnes, 1.5% lower than last year
Updated On : 15 May 2024 | 5:01 PM IST

Madhya Pradesh farmers struggle to make the most of soaring wheat prices

In poll season, dwindling wheat production is a matter of political debate

Madhya Pradesh farmers struggle to make the most of soaring wheat prices
Updated On : 05 May 2024 | 11:52 PM IST

UP govt ramps up wheat procurement centres to achieve 6 MT target

Payment for targeted purchase to cross Rs 13,000 crore

UP govt ramps up wheat procurement centres to achieve 6 MT target
Updated On : 11 Apr 2024 | 5:10 PM IST

2024 wheat output seen at 105 mn metric tonnes, 6.25% below govt estimates

Wheat inventories in government warehouses fell to 9.7 million metric tons at the start of March, the lowest since 2017

2024 wheat output seen at 105 mn metric tonnes, 6.25% below govt estimates
Updated On : 08 Apr 2024 | 4:50 PM IST

Election 2024 promises to be a sizzler as IMD predicts extreme heatwave

Above normal heatwave projected for next 3 months, coinciding with 7-phase LS polls from April 19 to June 1

Election 2024 promises to be a sizzler as IMD predicts extreme heatwave
Updated On : 01 Apr 2024 | 10:41 PM IST

Centre mandates weekly reporting on wheat stocks to prevent hoarding

India had imposed a limit on how much wheat stock traders could hold to moderate prices. However, the limit is set to expire on March 31st and after that, traders must declare their wheat stocks

Centre mandates weekly reporting on wheat stocks to prevent hoarding
Updated On : 29 Mar 2024 | 4:19 PM IST

Madhya Pradesh set to offer Rs 125 per quintal bonus over MSP on wheat

With the bonus, the official purchase price for wheat in MP will be Rs 2,400 per quintal

Madhya Pradesh set to offer Rs 125 per quintal bonus over MSP on wheat
Updated On : 12 Mar 2024 | 1:12 AM IST

Giving MSP on all crops not practical: Agricultural economist SS Johl

He said farmers largely get MSP on wheat and paddy and the government does not even buy many crops

Giving MSP on all crops not practical: Agricultural economist SS Johl
Updated On : 18 Feb 2024 | 6:49 AM IST

MSP of wheat and paddy: How the two states Punjab and Haryana fared

Data on the number of farmers isn't comparable as no record was maintained before 2015-16

MSP of wheat and paddy: How the two states Punjab and Haryana fared
Updated On : 15 Feb 2024 | 11:34 PM IST

Govt to sell Bharat Rice at Rs 29/kg in retail; traders to disclose stocks

The government on Friday said it will sell 'Bharat Rice' in the retail market at Rs 29 per kg from next week to give relief to the common man and has directed traders to disclose rice stock, as part of its efforts to control prices. In a press conference, Union Food Secretary Sanjeev Chopra said retail and wholesale prices of rice have increased by around 15 per cent in the last one year despite restrictions on exports of various varieties. To control prices, he said the government has decided to sell subsidised 'Bharat Rice' at Rs 29 per kg in the retail market through two cooperatives the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) and National Cooperative Consumers' Federation of India Ltd (NCCF) as well as retail chain Kendriya Bhandar. E-commerce platforms will also sell Bharat Rice. He said Bharat Rice will be available in the market from next week in 5kg and 10kg packs. In the first phase, Chopra said the government has allocated 5 lakh tonne

Govt to sell Bharat Rice at Rs 29/kg in retail; traders to disclose stocks
Updated On : 02 Feb 2024 | 3:06 PM IST

Farmers got nearly Rs 18 trn as MSP for wheat, paddy in last 10 yrs: Prez

Paddy and wheat farmers have received nearly Rs 18 lakh crore in the last 10 years as Minimum Support Price (MSP) -- a 2.5-fold increase from the preceding decade before 2014, President Droupadi Murmu on Wednesday said, while emphasising the Centre's focus on making farming activities profitable. Moreover, she said farmers producing oilseeds and pulses have received over Rs 1.25 lakh crore as MSP in the last 10 years of the current government. In her first address to a joint sitting of the two Houses in the new Parliament building, Murmu said, "My government is laying stress on making farming more profitable. Our aim is to reduce the cost of farming while increasing profits." For the first time, Murmu said, the government has given priority to over 10 crore small farmers in the agricultural policy and schemes. "In the last 10 years, farmers have received nearly Rs 18 lakh crore as MSP (Minimum Support Price) for paddy and wheat crops. This is 2.5 times more than the preceding 10 ye

Farmers got nearly Rs 18 trn as MSP for wheat, paddy in last 10 yrs: Prez
Updated On : 31 Jan 2024 | 3:25 PM IST

Wheat sowing area crosses 34 million hectares, pulses lags: Govt data

Skymet cites early trends, predict 'normal' monsoon in 2024

Wheat sowing area crosses 34 million hectares, pulses lags: Govt data
Updated On : 19 Jan 2024 | 11:04 PM IST

No plans to import wheat, likely to harvest a bumper crop: Piyush Goyal

The country's wheat stocks at state warehouses stood at 16.47 million metric tons as of Jan. 1, the lowest since 2017

No plans to import wheat, likely to harvest a bumper crop: Piyush Goyal
Updated On : 15 Jan 2024 | 9:38 AM IST

Govt says pulses area marginally less so far on late kharif harvest

Wheat sowing almost ends with acreage of 33.17 million hectares in 2023-24

Govt says pulses area marginally less so far on late kharif harvest
Updated On : 06 Jan 2024 | 12:05 AM IST

Wheat sowing picks up pace as Central inventories drop to 7-year low

A high-level team of officials on a survey in some of the major wheat-growing areas found that almost 85 per cent of wheat sown so far has been of climate-resistant varieties

Wheat sowing picks up pace as Central inventories drop to 7-year low
Updated On : 08 Dec 2023 | 11:42 PM IST

Promise of higher MSP in Assembly polls: That's easier said than done

If states have to fall in line with MSPs declared by political parties, they will have to do so in violation of this central order or bear the full expense of the surplus procured at above MSP rates

Promise of higher MSP in Assembly polls: That's easier said than done
Updated On : 03 Dec 2023 | 11:01 PM IST